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16 December 2021 | 6 replies
Thanks Michael, There is definitely a lot of work to be done:- Paint is pealing off all the walls- New appliances for 3/4 units- All units are required by the TWP to be connected to sewer now- Bathroom rehab for 3/4 units- Above ground oil takes removed and boilers replaced or retrofitted for NG (This is more a nice to have)I asked the owner if he would be willing to do owner financing and he said no...
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17 November 2021 | 3 replies
You will own a property that has these risks and 100 more:car falls on leg of customer and he is young and incapacitated and sues you tootenant pours poisonous degreaser into public plumbing an it leaks 200 feet to neighbor properties, they sue yourobbery happens and child is trapped in the bay and survives, the parents sue youteen comes in with their helper dog who bites clients, they sue youfireman falls through the roof in a fire (chemical fire) and is disabled because the roof wasn't to code...Although you are only the landlord you have duties to health and safety of the employees, clients who walk in, and the community.Look up: Ng to the Ghost Ship landlord in East Oakland
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14 November 2021 | 8 replies
If, as planned, the President closes the Line 5 pipeline from Canada, propane is expected to double in cost. Natural Gas should follow suit. A tech for one of the largest companies told us that they are expecting shor...
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28 January 2020 | 6 replies
@Courtney Duong: Thank you for the additional information.
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27 January 2020 | 1 reply
They are Dave Ng and Brian Desmarais.
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4 March 2020 | 3 replies
@An Duong yes, it's pretty difficult to find good comps for 5+ unit properties.
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31 March 2020 | 55 replies
@Rochelle Duong Congrats on getting debt free and doing it right way!
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20 March 2020 | 17 replies
@Courtney Duong So far I have reached out to all of our tenants, providing them with the link to our county website that has a worksheet regarding financial loss from the coronavirus.